India is the top papaya-producing country in the world, accounting for about (40 %) of the global

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India is the top papaya-producing country in the world, accounting for about \(40 \%\) of the global supply, and most of its production is consumed domestically. Farmers in the state of Andhra Pradesh produce the fruit using both organic and non-organic farming techniques. The price per kilogram for organic papaya is higher than for non-organic papaya. While relatively more of the non-organic papaya grown in Andhra Pradesh is consumed in the local market, relatively more of its organic papaya is consumed in markets of other states within the country. Holding other things constant in the two markets, explain why this might be the case.

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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